International Finance

Tag : Europe

Economy

UK’s €40 billion bill could be EU’s first Brexit hurdle

UK could put the budgetary contributions at the forefront of negotiations, in the hope of gaining leverage Lewis Crofts and Matthew Holehouse October 20, 2016: Before UK and EU officials get down to the detailed work of unpicking laws and drafting the transitional measures to govern Brexit, they may first have to deal with the...
Economy

Paris launches campaign to attract talent from London post-Brexit

Advertisement to target London airport, train stations, UK national newspapers October 18, 2016: The organisation representing the business district of La Défense in Paris, has launched a national UK advertising campaign to lure talent from London in the wake of Brexit. Adverts will go live at Heathrow airport, Eurostar stations including St. Pancras International and...
Uncategorized

Defending the UK’s financial trading sector

The government’s intent ‘is for the UK to remain the top choice for European and global bank headquarters’ Nigel Davies October 17, 2016: Over the past decade, the nature of the threats to society has evolved beyond the physical world in which they traditionally operated. State-sponsored cybercrime and organised criminal hacking has become a threat...
Banking

Georgia’s TBC Bank slashes loan decision time

Using software from analytic software firm FICO October 12, 2016: TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down...
Banking

ING to shed 7,000 jobs

Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
Economy

Brexit: So far so good for the UK

International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
Fintech

Enforcing debt when trading with Eurozone customers

International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
Economy

EU likely to make it tough for UK

International Finance Desk
A wrong step in the negotiations may fuel demand from other countries to exit Suparna Goswami Bhattacharya September 15, 2016: Recently, the German economy minister had remarked that Britain must not be allowed to ‘keep the nice things’ that come with EU membership without taking responsibility for the fallout from Brexit. In fact, he warned...
FinanceWealth Management

Aristo can pave the path for EU citizenship

All you need to do is a direct property investment in Cyprus August 1, 2016: Cyprus boasts some of the world’s finest properties, set against a backdrop of astonishing beauty. It is a place where relaxation comes naturally. One can explore the great history, the excitement of towns and villages, and a range of natural...
Fintech

Dun & Bradstreet launches cloud-based D&B Credit

Will enable financial decision makers to mitigate risks and identify growth opportunities July 26, 2016: Dun & Bradstreet has launched D&B Credit, the next generation risk management platform for trade credit in the UK and Ireland. The cloud-based platform gives finance teams dynamic, intuitive access to the world’s largest commercial database, with over 250 million...